European equity markets expected to rise slightly before PCE inflation in the US. Thus, the Eurostoxx 50 opens at 4,354.69 points (+0.23%), the CAC 40 at 7,312.73 points (+0.36%), the DAX 40 at 15,946.72 points (-0.01%), the FTSE 100 at 7,471.69 points (-0.38%), the SMI at 11,170.51 points (-0.12%), the AEX at 768.94 points (+0.15%), the BEL 20 at 3,499.46 points (+0.19%), the IBEX 35 at 9,510.60 points (+0.31%), the DJIA at 34,122.42 points (+0.80%), the Nasdaq at 13,591.33 points (+0.00%), the S&P 500 at 4,396.44 points (+0.45%), and the Nikkei 225 at 33.142 5.3 points (-0.30%)

On the exchange side, the change compared to the close in New York indicates that EUR/USD opens at 1.0870 (+0.06%), EUR/JPY at 157.26 (-0.01%), and USD/JPY at 144.70 (-0.07%).

Sodexo, a group catering group, for its part, on Friday reported organic growth of 10.5% for the third quarter of its 2022—23 fiscal year, which will end next August, and refined its objectives for the year. Alten is holding its annual general meeting on Friday. On the macroeconomic side, preliminary statistics on consumer prices in June will appear at 8:45am, as will household consumption figures in May and quarterly data

European equity markets may rise slightly at the opening on Friday as investors continue to monitor economic indicators. At 7:35am, the CAC 40 futures contract rose by 15.7 points, or 0.2%, according to data from the broker IG. The contract on the DAX 40 took 43.5 points, or 0.3%, and the one on the FTSE 100 gained 19.7

Investors will turn their attention on Friday to the final estimate of the United Kingdom's gross domestic product (GDP) for the first quarter, followed by unemployment and inflation figures in the euro zone. In the United States, the market will also monitor PCE inflation and American household income and spending, then the Chicago PMI Index and the University of Michigan Household Confidence Index

HSBC expects the core inflation rate in the eurozone, which excludes volatile items such as food, energy, alcohol and tobacco, to rise to 5.7% year on year in June, up from 5.3% in May, while economists polled by the Wall Street Journal expect this rate to increase to 5.4%. The New York Stock Exchange closed globally higher on Thursday, following the rise in US growth figures in the first quarter and the good performance of the banking sector in the context of the latest Federal Reserve (Fed) stress tests

In macroeconomic news, US GDP growth finally came back to 2% in the first quarter on an annualized basis, according to the third estimate published on Thursday. The previous estimate was only 1.3% and economists expected a slight revision to 1.4%. The market also noted a decrease in unemployment registrations last week in the United States.

These data are being scrutinized all the more carefully as the Fed has indicated that it will take into account changes in economic indicators to guide its rate choices. Economists polled by the Wall Street Journal expect the core PCE inflation index to show the same rise of 4.7% in May as in April, and that its rise over one month will slow slightly to 0.3%, from 0.4%

In China, the official measure of manufacturing activity improved in June, but the sector contracted for the third consecutive month, suggesting continued weakness in the world's second-largest economy. China's official manufacturing PMI rose to 49 in June from 48.8 in May, the National Bureau of Statistics said on Friday. An index above 50 indicates an expansion of activity, while a lower index indicates a contraction. In Asia, equity markets performed mixed on Friday. The Nikkei index on the Tokyo Stock Exchange lost 0.3% at the end of the session, while the Hang Seng gained 0.3% in Hong Kong and

U.S. Treasury yields were little changed on Friday morning, after the release of the latest estimate of economic growth in the United States, which was higher than previously announced for the first quarter. Around 7:20 a.m., the 10-year U.S. Treasury bond rate declined 1 basis point, to 3.840%. The 2-year share price was almost stable, at 4.870%

The euro rose slightly against the dollar on Friday morning but was stable against the yen. The greenback is losing ground against the Japanese currency. Investors are torn between good economic indicators in the United States and fears of a further tightening of the Fed's monetary policy

Oil futures are gaining some ground on Friday. However, restrictive comments from central bankers around the world regarding the need for further monetary tightening in order to curb inflation could continue to slow the rise of black gold. They point out that the outlook for interest rates continues to weigh, as do uncertainties about long-term demand, although current seasonal demand could temporarily support prices. Around 7:30 a.m., the September North Sea Brent contract was gaining 9 cents, at $74.60 a barrel, and the August contract on Nymex-traded soft light crude (WTI) rose 1 cent, at $69.87